Cryptocurrencies are volatile. Further, in part because of their decentralisation, it can be very difficult to determine what makes crypto “tick”. One theory has it that this problem could be solved by algorithms applied to social media.
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We’ve known for a while that institutional investors like banks and investment firms were looking at cryptocurrencies. Some people even think that this move may have contributed to pulling cryptocurrencies out of the crypto winter. However, details on what these…
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Stocks tumbled earlier this week as the US-China trade war escalated again. Meanwhile, Bitcoin continued the climb that started earlier this spring. CNBC initially made the connection and suggested causality.
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After nearly half a year of little variation in prices, Bitcoin has suddenly surged to US$5,000 on 2 April. This represents a 20% increase in a matter of hours. And the reason behind this price increase is a massive order…
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London-based author and blockchain influencer, Thomas Power, believes that most brands will start issuing tokens to incentivise clients. He also states that 99% of the currently existing 5,000 tokens will fail. He expressed these views during an interview with a…
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Some Bitcoin investors have been dismayed by the decision of Cboe BZX Exchange to withdraw the ETF application. This application fuelled great hopes for crypto supporters, after SEC rejected several similar Bitcoin ETF proposals during 2018. However, according to financial…
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The United Arab Emirates (UAE) and Saudi Arabia have joined forces to create a cryptocurrency for cross-border transactions, according to Dubai-based GulfNews. Emirates Investment Authority announced the news on December 12th at the Arab #FinTech Symposium in Abu Dhabi.
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Bitcoin is at heart a decentralised peer-2-peer currency. There is no company behind Bitcoin. There is no single face behind Bitcoin. Bitcoin relies on the community to report on and cover Bitcoin News, because without it, no one could know…
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The crypto market shows signs of stabilisation, after the hype earlier this year, when over $24 billion worth of Bitcoin was sold by long-term investors to new speculators. A recent report by Chainalysis has found that the cryptocurrency holdings have…
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A Bitcoin bull and billionaire investor, Tim Draper, is convinced that the cryptocurrency market will reach $80 trillion in just 15 years. This optimistic belief was made despite the fact that, at present, the crypto market cap has barely reached…
Read moreApproved by Archax Ltd on 7th October 2023
